Productivity in retail trade, 2003
September 27, 2004
Productivity, as measured by output per hour, increased 5.1 percent in retail trade in 2003. Output rose by 4.5 percent while hours declined by 0.6 percent.
Labor productivity rose in 23 of the 27 retail trade industries in 2003. The highest increases were 25.3 percent in electronics and appliance stores and 15.8 percent in electronic shopping and mail-order houses. Productivity grew in five of the six largest retail trade industries, those with more than 1,000,000 employees.
From 1987 to 2003, labor productivity in retail trade increased 2.9 percent per year, while output increased 3.9 percent, and hours increased 0.9 percent per year.
This information is from the BLS Productivity and Costs Program. Data are subject to revision. Additional information is available from "Productivity by Industry: Wholesale Trade, Retail Trade, and Food Services and Drinking Places, 2003" (PDF) (TXT), news release USDL 04-1832.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Productivity in retail trade, 2003 on the Internet at https://www.bls.gov/opub/ted/2004/sept/wk4/art01.htm (visited July 02, 2020).
Recent editions of Spotlight on Statistics
- Meal Appeal: Patterns of Expenditures on Food away from Home
Examines spending on food away from home, such as meals or snacks from restaurants, vending machines, employer cafeterias, or other venues.
- Job Flexibilities and Work Schedules in 2017–18
Examines data on job flexibilities, such as working at home, flexible schedules, and shift work.
- Labor Market Activity of Blacks in the United States
Examines data on the labor market and related topics for the Black or African American population.
- Workers’ Access to and Use of Leave from Their Jobs in 2017–18
Examines the reasons for which workers can take leave, their use of leave, and the reasons they did not take available leave even when they needed to.